Delta Manufacturing Limited Share Price and Company Fundamentals



Price
₹73.5
Change
0.900 (1.240%)
52 week
45.35 - 125.4

Last traded: Yesterday at 9:59 AM

Delta Manufacturing Limited, together with its subsidiaries, manufactures and sells hard ferrite magnets in India and internationally. The company offers sector magnets for use in automotive magneto's and alternators; motor magnets for starter motors of automotive and motor cycles; ferrofluid-liquid magnets for applications in loudspeakers, electronic devices, mechanical engineering, aerospace, analytical instrumentation, biomedical, heat transfer-cooling, and display and education kits; and ring magnets for loud speakers/lifting devices, etc. It also provides isotropic magnets for toys games and micro motors; low energy embedding powder magnets for use in bonded applications; and rare earth magnets that are used in electric vehicle drive motors, solar pumps, and drone motors. In addition, the company manufactures soft ferrites; and textile woven labels, fabric printed labels, and elastic/woven tapes. Further, it processes metal powders and specialized lubricants. The company was formerly known as Delta Magnets Limited and changed its name to Delta Manufacturing Limited in October 2008. The company was incorporated in 1982 and is based in Mumbai, India.

Key Metrics

PE ratio

6.80

PB ratio

1.47

Dividend yield

0.00%

Beta

0.48

Market cap

-

Enterprise value

-

Company profile

Industry / SectorSpecialty Industrial Machinery / Industrials
Websitehttps://www.deltamagnetsgroup.com
Mailing addressBayside Mall 2nd Floor Opp. Sobo Central Mall Tardeo Road, Haji Ali Mumbai 400034 India
Phone / Fax91 22 4079 4700 / 91 22 4079 4777

Dividends

Dividend yield

0.00%

Dividend amount

₹0.00

Payout ratio

0.00%

Delta Manufacturing Limited paid ₹0.00 dividend and the ex-dividend date was 10 Aug 2001.The dividend payout ratio is 0.00%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.DELTAMAGNT dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

DELTAMAGNT's forward dividend amount is ₹ and the forward dividend yield is . A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Jul 2022, following are the company executives and directors listed on Delta Manufacturing Limited.

NameTitleAgeTotal Pay
Dr. Ram Hemant ShroffExec. Vice Chairman & MD507.82M
Mr. Abhilash SunnyChief Financial Officer
Ms. Madhuri DeokaCompany Sec. & Compliance Officer

Profitability and management effectiveness

Profit margin

21.91%

Operating margin

-7.72%

Return on assets

-3.19%

Return on equity

25.18%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Delta Manufacturing Limited is and its enterprise value is .

The DELTAMAGNT's stocks Beta value is 0.48 making it 52% less volatile compared to NSE market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Delta Manufacturing Limited (NSE:DELTAMAGNT) Frequently Asked Questions

1. What is Delta Manufacturing Limited's Stock Symbol?

Delta Manufacturing Limited trades on NSE under the ticker symbol "DELTAMAGNT".

2. What is Delta Manufacturing Limited's stock price today?

One share of DELTAMAGNT stock can currently be purchased for approximately ₹73.5.

3. How can I contact Delta Manufacturing Limited?

Delta Manufacturing Limited's mailing address is Bayside Mall 2nd Floor Opp. Sobo Central Mall Tardeo Road, Haji Ali Mumbai 400034 India. The company can be reached via phone at 91 22 4079 4700.

4. What is Delta Manufacturing Limited's official website?

The official website of Delta Manufacturing Limited is https://www.deltamagnetsgroup.com.